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Conduit Pharmaceuticals Q2 2024 Earnings Report

Conduit Pharmaceuticals logo
$0.89 +0.12 (+15.89%)
As of 03/28/2025 04:00 PM Eastern

Conduit Pharmaceuticals EPS Results

Actual EPS
-$7.00
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Conduit Pharmaceuticals Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Conduit Pharmaceuticals Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

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Conduit Pharmaceuticals Earnings Headlines

The unusual signal flashing green again
Something fascinating happened in April... While a lot of Wall Street institutions were opening new positions in a falling stock, something different showed up on my screen. A special set of candles had just turned green - signaling the kind of momentum surge I'd seen only a handful of times before. What happened next? The stock soared 45% on the underlying stock in just a few weeks and 227% for anyone who traded the options. Naturally, there would have been smaller wins and those that would not have worked out, but this wasn't some penny stock or crypto play… It was ARM Holdings - a major semiconductor player that had just shed 9% of its value.
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About Conduit Pharmaceuticals

Conduit Pharmaceuticals (NASDAQ:CDT), a clinical-stage specialty biopharmaceutical company, develops pharmaceutical products that provides unmet medical needs in the areas of autoimmune diseases and idiopathic male infertility. Its pipeline includes AZD1656, which has completed Phase I trials for the treatment of type 2 diabetes, renal transplant, Hashimoto's thyroiditis and Grave's disease, uveitis, and preterm labor; and AZD5904, which has completed Phase I clinical trials for the treatment of idiopathic male infertility. The company was founded in 2019 and is based in San Diego, California. Conduit Pharmaceuticals Limited is a subsidiary of Corvus Capital Limited.

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